Babalot,
The application stages go something along these lines:
1) Initial application
2) Mini essay style questions: they will ask you about previous roles of responsibility, why you want to be a pilot, what you think are the most important aspects of flying, what charactyeristics you have that suit a pilot etc etc etc. It is definitely better to write what you feel rather than try and give them what they've heard a million times. Try and be original but some of the answers are really obvious anyway. Don't lie about yourself as you'll get caught out if you get to interview!
3) PILAPT tests: 2D and 3D flying tests on a laptop and some spatial awareness tests. You'll also do a maths paper (you were allowed a calculator last year but not sure if they will in 2007), about 15 mins and it's strictly timed. You'll also do a verbal and literary reasoning paper, about 20/30 mins for each. For these, you are given a piece of literature and a list of statements, you have to answer which, if any, are true false, or neither.
You will also do an interview with FTE at stage 3. These are fairly relaxed as they want to see what sort of a person you are and whether or not they should recommend you for the final stage. A few technical questions, expanding on your CV/applucation etc
4) Final interview with FlyBe. About one hour and by this stage there are only about 20 ish applicants. Quite a few technical questions - if you don't know the answer then admit it - don't try and bullsh!t
After that one you'll be told if you got through or not.
All exams and interviews take place at FlyBe HQ at Exeter airport.
Hope that helps!
Chile